Short Interest in Aptus Defined Risk ETF (BATS:DRSK) Decreases By 68.3%

Aptus Defined Risk ETF (BATS:DRSK) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 36,009 shares, a drop of 68.3% from the July 15th total of 113,419 shares. Based on an average daily volume of 132,405 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Compass Financial Management LLC bought a new position in shares of Aptus Defined Risk ETF in the second quarter worth about $103,000. Private Trust Co. NA boosted its stake in shares of Aptus Defined Risk ETF by 129.7% in the 4th quarter. Private Trust Co. NA now owns 3,733 shares of the company’s stock valued at $106,000 after purchasing an additional 2,108 shares in the last quarter. Virtue Capital Management LLC grew its holdings in shares of Aptus Defined Risk ETF by 2,572.8% during the 4th quarter. Virtue Capital Management LLC now owns 10,531 shares of the company’s stock valued at $299,000 after purchasing an additional 10,137 shares during the last quarter. Valeo Financial Advisors LLC acquired a new position in Aptus Defined Risk ETF during the 2nd quarter worth approximately $408,000. Finally, Parallel Advisors LLC lifted its stake in Aptus Defined Risk ETF by 3.7% in the 4th quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock valued at $447,000 after purchasing an additional 565 shares during the last quarter.

Aptus Defined Risk ETF Stock Performance

Aptus Defined Risk ETF stock opened at $29.03 on Friday. Aptus Defined Risk ETF has a 52 week low of $27.10 and a 52 week high of $30.15. The stock has a market capitalization of $1.28 billion, a P/E ratio of 26.47 and a beta of 0.37. The stock has a fifty day moving average of $28.77 and a 200-day moving average of $28.47.

About Aptus Defined Risk ETF

The Aptus Defined Risk ETF (DRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation. DRSK was launched on Aug 8, 2018 and is managed by Aptus.